south korea

A boxing legend from the Philippines, Manny Pacquiao, continues his efforts regarding the launch of his own cryptocurrency. His goal is to remain in touch with his large fan base and sees this as a step in that direction. Manny Pacquiao, a former Philippine boxer-turned-senator, has recently drawn attention to himself due to his ambitions
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4 months ago
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Comments Off on Major South Korean Crypto Exchange Coinone To Launch In Indonesia

South Korea’s third largest cryptocurrency exchange, Coinone, has announced plans to launch an exchange in Indonesia, according to a press release published on its site Monday, April 16. As stated in the Coinone’s press release, the new Indonesian branch opened for pre-registration April 16, with an official launch set for June. According to Finance Magnates,
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The head of the Hong Kong Securities and Futures Commission (Hong Kong SFC) said during a speech on April 13 on “New Technologies and Asset Management” that the type of fundraising conducted through Initial Coin Offerings (ICO) is better suited to venture capital funds. Julia Leung, who is also the chair of the 2016 established
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4 months ago
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Comments Off on Omise Signs Agreement With Major South Korean Banking Affiliate In Win For Adoption

Thailand’s Omise and OmiseGO (OMG) have signed a Memorandum of Understanding (MoU) with major South Korean credit card business and technical company ShinhanCard, an affiliate of Shinhan Financial Group, as part of a move towards fintech innovation and Blockchain adoption throughout Asia, according to Omise’s press release published Thursday, April 5. Omise is a payment
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South Korea has an already established a market for trading in cryptocurrencies. Newly-revealed information suggests that the country is gaining a strong foothold in cryptocurrency purchases and sales. The Korea Times has released an article about an agreement between South Korea’s largest platform for trading in cryptocurrencies, Bithumb, and a mobile service provider called Pay.
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One of the most trustworthy and used messaging companies in South Korea announced they intend to expand their market globally using blockchain technologies. Regarding the decision, the co-founder Joh Su Yong, proclaimed that in order to delve into the whole potential they can achieve with the messaging platform, they’ve been testing blockchain technologies and integrating
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Yapian Corp., the operator of twice-hacked crypto exchange Youbit, has been denied their insurance claim of $2.8 mln for last December’s hack of an alleged 17 percent of their assets, the Wall Street Journal reported March 29. The mid-December security breach of South Korean Bitcoin (BTC) exchange Youbit led the company to file for bankruptcy,
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5 months ago
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Comments Off on Blockchain Fintech Could Solve Youth Unemployment In South Korea

In South Korea, Korea JoongAng Daily, reported South Korea is considering blockchain technology to improve its Fintech innovation, which at the same time would follow the initiative of backing new technologies such as cryptocurrencies, rather than regulating them. The FSC’s chairman, Choi Jong-Ku, stated that: “The players in the financial service market are becoming more diverse,
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Hong Kong-based OKEx became the first crypto exchange to list the South Korean high tech startup Cube, as was announced on Feb. 28. Cube’s team recently revealed its project that will protect network security designed for driverless cars and autonomous vehicles, by use of Blockchain technology. As OKEx representatives told Cointelegraph, the exchange is listing
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An association of South Korean cryptocurrency exchanges said that it is planning to check if its members are following a set of self-regulatory cryptocurrency measures adopted last year, local journal Yonhap News reported Feb. 21. The Korean Blockchain Industry Association, which is currently comprised of 33 of South Korea’s cryptocurrency exchanges, stated that it is
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